EMS Industry - Poised For Strong Growth: Systematix

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Systematix Research Report.India is currently at a nascent stage in electronics manufacturing, and we see electronics manufacturing services as a decadal theme from investment perspective. Government of India’s vision of Make in India, Make for world, backed by various schemes and incentives has aided to India’s growing acceptance as an alternate manufacturer to China. Import substitution and India’s rising penetration in domestic market provide large opportunity for the Indian EMS industry. Valuations may look expensive in the near term after significant rally in scrips, we believe strong growth prospects would continue to fetch investors interest in the industry. We thus remain structurally positive on the EMS industry prospects..Near term concernSlowdown in few consumer categories (fans, lights, small home and kitchen appliances) and inventory normalisation in few global markets have put a temporary break on the high growth journey of companies exposed to these categories and markets. However, companies find this transient and have thus maintained robust outlook for medium to long term..Click on the attachment to read the full report:.Reliance Industries, Tata Communications Shares Rise On Nvidia Tie-Ups.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

EMS Industry - Poised For Strong Growth: Systematix

Valuations may look expensive in the near term, we believe strong growth prospects would continue to fetch investors interest.

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